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Management Services

Peninsula Management are experienced and work hard to establish good communication and working relationships with both the Freeholder and Leaseholders. Our apartment block management services include:

MANAGEMENT COMPANY

Peninsula Management collect ground rent, service charges and reserve funds in accordance with the lease. Each block will have its own dedicated bank account and, at the end of each service charge year, full service charge accounts will be drawn up and made available for inspection by the Freeholder and Leaseholders at the AGM.

BUDGETING

Peninsula Management produce an annual service charge budget for each property which takes into account all the anticipated work required on the building for the year ahead. The budget is made available to the Freeholder and Leaseholders.

CREDIT CONTROL

Service charge collection is essential as without sufficient funds the building cannot be maintained adequately, and this can be one of the more challenging areas of apartment block management. The lease provides the terms to collect service charges andPeninsula Management adhere to a strict collection policy, taking legal debt recovery action where necessary. Our accounts system is constantly updated allowing us to give you up-to-date information with regard to the payment status of Leaseholders.

PROPERTY INSPECTIONS

Regular inspection and communication ensure the building is well maintained and feedback from residents is always welcome.Peninsula Management use project management software to keep track of all the regular maintenance requirements as well as overseeing major works. Records of contracts and contractors on your site are available for inspection upon request.

GENERAL MAINTENANCE AND MAJOR WORKS

Where possible, Peninsula Management source local companies and tradesmen. We negotiate the best value for services, without compromising on workmanship or product quality. Where required, we will instruct a 5 year planned preventative maintenance report so that we can adequately budget for upcoming works. We manage major works programmes and ensure properties comply with all Health and Safety regulations.

GARDENING & ESTATE MANAGEMENT

First impressions are important so whether the requirement is just for weed control and litter removal or a full gardening programme for landscaped grounds, we know that this is an area that has a great impact. We adjust our gardening programmes seasonally to ensure grounds look the best they can all year round.

CLEANING

Peninsula Management make sure the cleaning schedules are right for each building. A poor cleaning contractor or the wrong frequency of cleaning makes a difference to wear and tear, pests and odours. Our cleaning teams provide feedback on any issues they encounter so that we can ensure communal areas are consistently kept in good order.

HEALTH & SAFETY

For the safety of residents, visitors and contractors, Peninsula Management regularly review all our properties to ensure they are compliant with current health and safety legislation. We also make sure health and safety regulations are complied with in relation to any major works undertaken and that our regular contractors have suitable public liability insurance in place.

INSURANCE

At each annual renewal, Peninsula Management will review and source the best available insurance premium from a reputable provider to ensure your property is fully covered.

MANAGEMENT FEES

Peninsula Management know that each property is unique and has its own requirements. We will meet with you, discuss your management needs and provide a quotation based on the level of service you require. As an agent working on your behalf, we will provide advice in relation to the lease, statutory obligations and our experience of other buildings.

RIGHT TO MANAGE

The Commonhold and Leasehold Reform Act 2002 provides a right for leaseholders to acquire the landlord’s management functions by transfer to a company set up by them – the Right To Manage (RTM) company. The right was introduced, not just as a means of wresting control from bad landlords, or managing agents, but also to empower leaseholders, who generally hold the majority of value in the property, to take responsibility for the management of their apartment block.
The right to manage is available to leaseholders of flats, not of houses.
The process is relatively simple. The landlord’s consent is not required, nor is any order of court. There is no need for the leaseholders to prove mismanagement by the landlord. The right is available, whether the landlord’s management has been good, bad or indifferent.
The right is exercised by the service of a formal notice on the landlord. After a set period of time, the management transfers to the right to manage company (the RTM company) which has been set up by the leaseholders. Once the right to manage has been acquired, the landlord is also entitled to membership of the company.

Section 20

We can carry out a section 20 for major works as required. Often carried out in 3 stages.

SECTION 20

We can carry out a section 20 for major works as required. Often carried out in 3 stages.

If you have any questions about our Management Services please contact us on 01271 386306.

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